First Milk Limited has announced that its milk price for a standard manufacturing litre will reduce from 1^st December 2025 by 6 pence per litre (ppl) to 35.85ppl, including the member premium.

Commenting on the announcement, Mike Smith, farmer director and vice chairman, said:

"We recognise that this is very disappointing news for all of our members and it was not a decision that was taken lightly, however, given the continued disparity between demand and supply that is negatively impacting the dairy markets and our returns, it is necessary. 

"We remain focused on maximising the value of our members milk and driving efficiencies within our operations to improve future returns."